BNET Industries
CurrencyShares Euro Trust (FXE) is in the Financial Services Industry
- Revenue
- Oct 31 2007
- $33.4M
- Profit
- Oct 31 2007
- $29.6M
- Market Cap
- Nov 28 2008
- $496.7M
Latest News and Analysis
Global Stock Markets: We All Fall Down!
Prieur du Plessis submits: Investors not only returned to a shortened trading week after the Labor Day holiday on Monday, but also to a bruising on stock markets, at least for those with long equity positions. Concerns about the global economic outlook and continued financial duress spooked burses...
Financial Markets: The Era of Caution
Prieur du Plessis submits: The gyrations of financial markets ahead of the Labor Day weekend tested the patience of bulls and bears alike. As big swings took place in thinly-traded markets, I was reminded of Albert Schweitzer’s words: As we acquire more knowledge, things do not become...
Monday, August 25: Week in Review
Jonathan Cavuoto submits: Stocks turned in a repeat, ho-hum performance last week; the Dow, up two days to gain 310 points and down three days to give all but 30 points back, closed at 11628. The S&P 500 wasn’t much different, nor the NASDAQ Composite. In fact, the stock market’s...
Global Stock Markets: Let the Gains Begin
Prieur du Plessis submits: The Olympic Games kicked off at 8:08:08 pm on Friday night, the eighth day of the eighth month of 2008. Coincidence? Not at all. The number eight is considered lucky by the Chinese, because in Cantonese the language of South China the word for prosperity...
Additional Resources
Rydex Investments Begins the Transfer of CurrencyShares NYSE-Listed ETFs to NYSE Arca
NYSE Euronext (NYSE: NYX) today announced thateffective October 30, Rydex Investments will begin the process oftransferring its eight CurrencyShares, currently NYSE-listed, to the NYSEArca trading platform. The following Rydex exchange traded products arescheduled to migrate: CurrencyShares Australian Dollar Trust FXA;CurrencyShares British Pound Trust FXB; CurrencyShares Canadian DollarTrust FXC; CurrencyShares Euro...
Rydex Announces CurrencyShares(SM) Euro Trust Reaches $1 Billion in Assets
Rydex Investments today announced that assetsin CurrencyShares Euro Trust (NYSE: FXE) have surpassed the $1 billionmilestone. The ETF, which tracks the underlying price movements of theeuro, launched in December 2005 as the world's first currency-based ETF.Rydex attributes the strong asset growth to the attractiveness of currencyas an asset class and...
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- Incorporated: 2005
CurrencyShares Euro is a grantor trust that issues shares in blocks of 50,000 (a ?Basket?) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets. The investment objective of Co. is for the Shares to reflect the price of euro plus accrued interest, less the expenses of Co.'s operations. The Shares are intended to offer investors an opportunity to participate in the market for the euro through an investment in securities. The Shares are bought and sold on the NYSE. The Shares are backed by the assets of Co., which does not hold or use derivative products.
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CurrencyShares Euro Trust Company Info
Contact Information
9601 Blackwell Road
Suite 500
Rockville, MD
301 296-5100
NAICS Code
Trust, Fiduciary, and Custody Activities: 523991Brought to you by IBM
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